5 Old Sheppard Avenue 1805: condo for sale

$549,900

3 bedrooms, 2 bathrooms, Condo Apartment · Pleasant View · near 404 And Sheppard

More about 5 Old Sheppard Avenue: every unit for sale in the building, fees and amenities

About this condo apartment

5 Old Sheppard Avenue 1805 is a 3 bedroom condo apartment in TRREB's Pleasant View community in North York, listed for sale at $549,900. The listing shows 2 bathrooms and 1000-1199 square feet. The unit faces east. It comes with 1 parking space and a locker (common) according to the listing. The nearest main intersection given is 404 And Sheppard.

These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.

Building amenities on the listing: exercise room, game room, gym, indoor pool, squash/racquet court and visitor parking.

What it costs to buy 5 Old Sheppard Avenue 1805

At the asking price of $549,900, a buyer in the City of Toronto pays two land transfer taxes on closing. North York is inside the City, so both apply.

The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. You can change the price in our land transfer tax calculator and our mortgage calculator.

What it costs to own each month

The listing says the maintenance fee includes cable TV, central air conditioning, upkeep of the common elements, heat, hydro, building insurance, parking and water. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Maintenance fees are set each year in the condo corporation's budget and can go up. The status certificate shows the current fee, the budget behind it and the reserve fund.

How the asking price compares

TRREB recorded 180 condo apartment sales in district Toronto C15 in Q2 2026, at a median of $530,000 and an average of $588,484. This unit is listed at $549,900, which is $19,900 above that median. In August 2026 the district had 52 condo apartment sales at a median of $561,950.

A district median covers every size and age of unit, so it is a reference point and not a valuation of this home. Size, floor, parking, condition and the building's finances all move the price. Our North York condo prices page has the figures for every district.

What to check before you make an offer

1. Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
2. Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
3. Confirm the parking and locker. The listing shows 1 parking space and a locker. Ask whether each is owned, exclusive use or rented, and get the unit numbers.
4. Check the reserve fund study. Ask when the last study was done and whether it calls for higher contributions.
5. Get your financing in writing. A lender looks at the fee and the property tax as well as the price.
6. See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the hallways and elevators.

Our guide to buying a condo in North York walks through each step.